TOKYO, May 15 (Pulse News Wire) – Mandarake Inc. (2652.T) announced today that it will purchase up to 430,000 shares of its common stock through the ToSTNeT-3 system on May 18 at 8:45 AM.
The buyback aims to enhance capital efficiency and implement flexible capital policies. The total value of the repurchase is capped at 148 780 ¥0. This decision was made based on a resolution passed electronically according to Article 370 of the Companies Act and Article 24 of the company's articles of incorporation. The repurchase represents up to 1.32% of the outstanding shares excluding treasury stocks.
The company emphasized that the number of shares to be repurchased cannot be altered, and there is a possibility that none or part of the planned repurchase may occur due to market conditions. Following the trading session on May 18, Mandarake Inc. will disclose the results of the share repurchase. As of March 31, 2026, the company held 3,784470 treasury shares out of a total of 36,180000 outstanding shares.
🟡 Confidence: Standard AI-translated content.